finance

Old Republic shuffles senior executive ranks

Old Republic International Corporation (ORI) announced several changes in its senior executive ranks effective October 1, 2019. Craig Smiddy, ORI's president and chief operating officer,…

Bernard Financial Group closes $6 million loan for Michigan hotel

Bernard Financial Group closed a $6.1 million loan for an 86-room hotel in Comstock Park, Michigan, in the Grand Rapids metropolitan area.

Columbus’ RED Mortgage Capital adds affordable housing specialist

Columbus, Ohio-based RED Mortgage Capital has hired D. Edward Greene as Chief Underwriter for Affordable Housing. Greene joins RED from Freddie Mac, where he most…

Lodge Financial secures acquisition financing for Chicago multifamily property

Lodge Financial's Matthew Bowker recently closed a $975,000 loan for the acquisition of a 12-unit multifamily property located in the West Rogers Park neighborhood of…

Associated Bank finalizes $5.5M loan for warehouse in McHenry, Illinois

Associated Bank has completed a $5,560,000 bridge loan to Midwest Industrial Funds for acquisition of a 218,000-square-foot industrial warehouse facility at 1301 Ridgeview Drive in…

Berkadia provides $23 million in financing for Michigan apartment complex

Berkadia provided $23.12 million in financing for Ashford Apartments, a garden-style multifamily property in Shelby, Michigan. Senior Managing Directors Colin Callaghan and Peter Benedetto of…

Philipsborn finances two Chicago apartment buildings for $2.2 million

The Philipsborn Company has completed long-term, fixed-rate, non-recourse first mortgage financing for two apartment buildings located on Chicago's north side, according to president Andrew Philipsborn.…

Arbor provides $4 million refi loan for Detroit apartment building

Arbor Realty Trust recently funded a Freddie Mac SBL deal in Detroit. Van Dyke Apartments, a 40-unit multifamily property, received $4 million in refinance funding…

ASC closes $2.85 million refinance for Ohio apartment complex

American Street Capital arranged a $2.85 million refinance for a 109-unit multifamily complex in Lorain, Ohio.

Arbor provides $3.2 million in refinance dollars for Wisconsin apartments

Arbor Realty Trust, Inc. recently funded a Fannie Mae Small Loan in Sun Prairie, Wisconsin. Stonewood Crossing, a 24-unit multifamily property, received $3.2 million in…

finance

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